Oakland County, Michigan/Advantage Oakland/Business/Business Loans/Tax-Exempt Revenue Bond Program (EDC)

Tax-Exempt Revenue Bond Program (EDC)

Call (248) 858-0765 to start an application

 Eligible Businesses

​Manufacturing businesses and non-profit 501(c)(3) organizations in Oakland County, Michigan - except for communities with active Economic Development Corporations.

Oakland County Economic Development Corporation (EDC) is a proven, reliable partner with lenders and businesses since 1980. The Tax-Exempt Revenue Bond Program provides qualified manufacturing businesses and non-profit 501(c)(3) organizations with loans for cap​ital expenditures. The EDC's non-profit mission is to stimulate business capital investment, contribute to the area's employment, increase local tax base, and provide needed public services.

 2018 EDC Highlights
​Rochester College
Bond Recipient Rochester College

$14,700,000 Bond Refinancing
$4,125,000 Bond Issued

 Since 1980 we have:
 
 ,
 $,,00
Funded Projects  
 Jobs Created
   In Investments

 Eligible Projects
  • Land acquisition
  • Building renovation
  • Land improvements
  • Machinery and equipment
  • Building acquisition
  • Related soft costs
  • Building construction​
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BFC BFC
For information on our SBA504 Loan Program